Advertisement Fidelity
Home > Boards > US OTC > Oil/Gas/Natural Energy Production >

US Natural Gas Corp. (UNGS)

UNGS RSS Feed
Add UNGS Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator sharky, DFLY, alabama96, -Awaken-, linkvest, TheMarijuanaSector
Search This Board:
Last Post: 4/17/2014 11:22:37 AM - Followers: 334 - Board type: Free - Posts Today: 33

OTC:UNGS

**New Subsidiary "The Greater Cannabis Company, LLC" Name Change Coming Soon!

Florida SOS Link To New Subsidiary:
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail/EntityName/flal-l14000046206-e94b676c-f6a9-452b-b74a-731886f27d5d/greater%20cannabis/Page1

On March 13, 2014, the Company formed The Greater Cannabis Company, LLC ("GCC") in the state of Florida. GCC will act as the
Company’s operating subsidiary for its new operation in the medical and recreational marijuana market.
 
On March 16, 2014, the Company’s Board of Directors elected to change the name of the Company to better reflect the publicly
traded entity’s role as a holding company with the wholly owned subsidiaries as the operating entities. The Board has retained an
outside consultant for the name change. The Company intends to announce the new name on or before April 15, 2014.


Link To Annual Filing, Page F-39:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=117975






 (UNGS) US Natural Gas Corp Announces Corporate Realignment and Expansion of Operations
Company Forms Cannabis Subsidiary 


ST. PETERSBURG, Fla. March 17, 2014 --(OTC Pink:UNGS), an energy exploration company with operations in the Appalachian Basin is pleased to inform shareholders that the Company's Board of Directors has elected to realign its hierarchy of operations and further expand operations with the formation of a new wholly owned subsidiary. 
In an effort to more accurately reflect the Company's operations, the Board of Directors has approved several key changes to be implemented within the coming weeks. Included within these changes will be a name change to the parent Company to better reflect its role as a holding company. The Company's current subsidiaries will remain active with the possibility of name changes to one or more.

The Company has formed a wholly owned subsidiary whose operations will concentrate on the medical and recreational marijuana market in the southeast. 
Further details on the aforementioned corporate actions will be released simultaneously with the release of the Company's Unaudited 2013 Annual Report on or before March 30, 2014. 


About 
 is an independent energy company principally engaged in the acquisition, exploration and development of mature long-lived oil and natural gas properties. The company's current operations are concentrated in the Appalachian Basin within the states of Kentucky and West Virginia with core assets consisting of 17,000 acres of mineral rights leases and interest in approximately 150 oil and gas wells. More information on UNGS can be found on the Company's website at www.usnatgascorp.com. 
Safe Harbor Statement 
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Additional risks and uncertainties are set forth in the Company's Unaudited Annual Report for the year ended December 31, 2012, which can be found on the OTC Markets website,

www.otcmarkets.com. 
Contact: 
UNGS
(727) 482-1505 





UNGS Forms "The Greater Cannabis Company, LLC" and Board Of Directors Vote For Company Name Change to reflect change of direction

 
On March 13, 2014, the Company formed The Greater Cannabis Company, LLC ("GCC") in the state of Florida. GCC will act as the
Company’s operating subsidiary for its new operation in the medical and recreational marijuana market.
 
On March 16, 2014, the Company’s Board of Directors elected to change the name of the Company to better reflect the publicly
traded entity’s role as a holding company with the wholly owned subsidiaries as the operating entities. The Board has retained an
outside consultant for the name change. The Company intends to announce the new name on or before April 15, 2014.



 

 

 
Market Value1                 $1,265,651    a/o Mar 28, 2014

Shares Outstanding      301,345,506    a/o Nov 14, 2013
Float                                147,354,284    a/o Nov 14, 2013
Authorized Shares      2,000,000,000    a/o Nov 14, 2013

Par Value     0.001
 
 

     
Management


Wayne Anderson, President and Chairman
 
Wayne Anderson has served as the President and Chairman of the Board of US Natural Gas since the incorporation of the company,
under the name of Adventure Energy, Inc., in March 2008. Prior to founding Adventure Energy, Wayne Anderson acted as the
Managing Member and a founding partner of Around the Clock Trading & Capital Management, LLC, an investment management
company, and the General Partner of Around the Clock Partners, LP from January 2000 through 2008. Through the fund Around the
Clock Partners, LP, Mr. Anderson has made significant key investments within the natural resources sector.
 
Mr. Anderson has been a vital source in negotiating and executing transactions for several small to mid-sized companies. From June
1997 through December 1999, Mr. Anderson was a proprietary equities trader. Mr. Anderson practiced as a Podiatric physician from
May 1993 through June 1997. Mr. Anderson studied biology at the University of Georgia from 1984 to 1987 and then attended the
Temple University School of Podiatric Medicine (formerly the Pennsylvania College of Podiatric Medicine) where he received a
doctorate of podiatric medicine (DPM) in 1991.



 

Daily View

 

 
 

Weekly View

 

 
 
 
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
UNGS
Current Price
Volume:
Bid Ask Day's Range
Wiki
UNGS News: VIP EARLY ALERT SERVICE Offered by Elite Traders Group for Limited Time, 20 Positions Remain. Only $29.95/Month or $199.00/Year 11/12/2013 08:00:00 AM
PostSubject
#18882  Sticky Note US Natural Gas Corp Provides Corporate Update DFLY 04/07/14 12:22:38 PM
#17861  Sticky Note UNGS, BIG changes coming April>>>The Greater Cannabis Company, -Awaken- 03/31/14 03:33:12 PM
#20126   I have been reading everyone's post here! A INVESTOR 1384 04/17/14 11:28:33 AM
#20125   He'll get taken out. :-D Hawksfan 04/17/14 11:22:37 AM
#20124   2 100mill buy day in a row and TheMarijuanaSector 04/17/14 11:21:46 AM
#20123   And the Marijuana Update will bring even bigger TheMarijuanaSector 04/17/14 11:20:37 AM
#20122   And he's a know blocker for some major TheMarijuanaSector 04/17/14 11:18:41 AM
#20121   lets send um!! DFLY 04/17/14 10:56:47 AM
#20120   VNDM MOVED, now CSTI ask stacker. Hawksfan 04/17/14 10:56:29 AM
#20119   here comes hittas!!! DFLY 04/17/14 10:55:17 AM
#20118   nice 900k hit ask..tic tic tic.. DFLY 04/17/14 10:54:23 AM
#20117   clear the retail and break .0024 we'll be -Awaken- 04/17/14 10:43:13 AM
#20116   Won't the nane and ticker symbol change alone stealofadeal 04/17/14 10:37:08 AM
#20114   think we got a pro stacking the ask pennypuptech 04/17/14 10:30:15 AM
#20113   few nice hittas and tides change imo!))next week DFLY 04/17/14 10:27:40 AM
#20112   Saw your note. What are you thinking cubs 04/17/14 10:27:07 AM
#20111   People realize we have to be getting ready Serpico2005 04/17/14 10:19:29 AM
#20110   UNGS lots of topside pressure here at the moment pennypuptech 04/17/14 10:16:39 AM
#20109   agreed!and this next time around make um chase BIGTIME! DFLY 04/17/14 10:03:04 AM
#20108   24z go, and 3z will be up TheMarijuanaSector 04/17/14 09:57:25 AM
#20107   0024s back up 24s go sky opens up DFLY 04/17/14 09:55:29 AM
#20106   20 cent bid hit! Comical UNGS vortmaximum 04/17/14 09:54:58 AM
#20105   agreed fully! DFLY 04/17/14 09:51:56 AM
#20104   here comes BUYERS! DFLY 04/17/14 09:51:02 AM
#20103   huge bids!!Lets turn back UP with first MJ DFLY 04/17/14 09:50:07 AM
#20102   yes sir!! UNGS major buy down here, stupid cheap -Awaken- 04/17/14 09:49:31 AM
#20101   ~30 dollar bid whack, classic............ vortmaximum 04/17/14 09:43:08 AM
#20100   agreed...yes we due for multi green days here DFLY 04/17/14 09:26:11 AM
#20099   Sounds like a good plan to me...we close -Awaken- 04/17/14 09:20:30 AM
#20098   GM all!! lets end the week with some DFLY 04/17/14 09:11:05 AM
#20097   Well made point, Walker. UNGS taken down while -Awaken- 04/17/14 08:46:44 AM
#20096   Update: Cannabis Cup in Denver is now sold BOR1 04/17/14 08:28:05 AM
#20095   The top 40 MJ companies average stock price linkvest 04/17/14 06:18:09 AM
#20094   Hopefully it will help boost UNGS in to linkvest 04/17/14 06:13:09 AM
#20093   Thanks awaken. I am just worried that sumbol ggupta1767 04/16/14 09:53:51 PM
#20092   We can only wait to hear more in -Awaken- 04/16/14 09:49:35 PM
#20091   Awaken thanks. When do u think Name change will ggupta1767 04/16/14 09:24:02 PM
#20090   It won't affect us much beyond a better -Awaken- 04/16/14 09:16:00 PM
#20089   Man I go away for a few days titan11 04/16/14 08:48:02 PM
#20087   Awaken question for you? I have been reading ggupta1767 04/16/14 08:13:30 PM
#20086   another nice dilution day. Should be close snowcat9 04/16/14 07:20:37 PM
#20085   Hope he is done soon bro..... Nice SS vortmaximum 04/16/14 06:57:27 PM
#20084   Fools? makinbacon1 04/16/14 06:32:39 PM
#20083   Agreed let it come next week plus gives Bgottlieb 04/16/14 05:26:05 PM
#20082   Would be stupid to put out a PR Walker 04/16/14 04:53:41 PM
#20081   the SILENCE is KILLING the PPS--where is our UPDATE??????? getmoreshares 04/16/14 04:51:21 PM
#20080   No AH trading -that was VNDM's shares being Walker 04/16/14 04:49:45 PM
#20079   Who would sell over 9 million shares after Serpico2005 04/16/14 04:42:33 PM
#20078   After hours dropped to .002 hope news comes Serpico2005 04/16/14 04:34:53 PM
#20077   Added a bunch - one day soon this Walker 04/16/14 04:21:17 PM
#20076   Yep.. he usually post right before the school linkvest 04/16/14 04:11:02 PM
#20075   LOL you made me readem all. and your right. 90 West 04/16/14 04:07:28 PM
PostSubject